[teampractices] IT projects almost as prone to overruns as the Olympics

[Arthur Richards]

Fascinating, Joel, thanks for the share!

On Mon, Aug 15, 2016 at 11:24 AM, Joel Aufrecht <jaufrecht at wikimedia.org>
wrote:

> The Olympic Games average 156 percent cost overruns, outdistancing all
>> other types of megaprojects. For comparison, road projects average overruns
>> of 20 percent; bridges and tunnels 34 percent; energy projects 36 percent;
>> rail projects 45 percent; dams 90 percent and IT projects 107 percent.
>>
>
> (according to The Oxford Olympics Study 2016: Cost and Cost Overrun at
> the Game <http://arxiv.org/pdf/1607.04484v1.pdf>)
>
> (source
> <http://fivethirtyeight.com/features/hosting-the-olympics-is-a-terrible-investment/>
> )
>

​Worth noting that the study looked ONLY at sports-related costs and
excluded larger projects (eg infrastructure):

The numbers cover the period 1960-2016 and include only sports-related
> costs, i.e., wider capital costs for general infrastructure, which are
> often larger than sports-related costs, have been excluded.​


​I am curious what the average overruns would like if all Olympics-related
costs (eg infrastructure, etc) were included.

-- 
Arthur Richards
Sr. Agile Coach: Organizational Collaboration
Team Practices Group <https://www.mediawiki.org/wiki/Team_Practices_Group>
[[User:Awjrichards]]
IRC: awjr
+1-415-839-6885 x6687
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